PPP Loan information for Mga foods, inc

$47,765

Mga foods, inc was initially approved for PPP Loan of amount $47,765, the current approved amount is $47,765. The loan was approved on 05/07/2020 by The Rockland Trust Company reported 23 jobs and $47,765 was used to fund payroll.

Mga foods, inc is Existing or more than 2 years old

MGA FOODS, INC

Date Approved

05/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MGA FOODS, INC

Borrower Address

38 HAMILTON ST

Borrower City

SAUGUS

Borrower State

MA

Borrower Zip

01906-2239

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47765.00

Current Approval Amount

47765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUGUS

Project County Name

ESSEX

Project State

MA

Project Zip

01906-2239

CD

MA-06

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5971.00

Payroll Proceed

35823.00

Mortgage Interest Proceed

0.00

Rent Proceed

5971.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48153.75

Forgiveness Date

03/05/2021

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